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AltShares Event-Driven ETF (EVNT) belongs to the Event Driven category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with EVNT. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Often Compared With EVNT

Investors most often compare EVNT with ARB, HDG, CBYYX. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.


SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
AltShares Merger Arbitrage ETFHedge Fund
68
1.96%
90.93MMay 2020EVNT vs ARB
ProShares Hedge ReplicationLong-Short
79
7.54%
21.78MJul 2011EVNT vs HDG
Victory Pioneer Cat Bond Fund Class YNontraditional Bonds
100
2.73%
Jan 2023EVNT vs CBYYX
Invesco QQQ ETFNasdaq-100
72
20.41%
493.17BMar 1999EVNT vs QQQ
Vanguard S&P 500 ETFS&P 500
68
9.75%
1.70TSep 2010EVNT vs VOO
State Street SPDR S&P 500 ETFS&P 500
68
9.74%
765.27BJan 1993EVNT vs SPY
Relative Sentiment Tactical Allocation ETFTactical Allocation
76
14.84%
110.78MMay 2022EVNT vs MOOD
AQR Equity Market Neutral Fund NEquity Market Neutral
5
-6.97%
Oct 2014EVNT vs QMNNX
Vanguard Intermediate-Term Corporate Bond ETFCorporate Bonds
37
0.22%
68.70BNov 2009EVNT vs VCIT
iShares 0-5 Year TIPS Bond ETFInflation-Protected Bonds
85
1.33%
15.90BDec 2010EVNT vs STIP
IQ Hedge Multi-Strategy Tracker ETFLong-Short
86
9.76%
762.37MMar 2009EVNT vs QAI
KFA Mount Lucas Index Strategy ETFSystematic Trend
41
7.82%
300.41MDec 2020EVNT vs KMLM
AGF U.S. Market Neutral Anti-Beta FundEquity Market Neutral, Long-Short
0
-24.11%
275.53MSep 2011EVNT vs BTAL
First Trust Long/Short Equity ETFLong-Short
69
5.55%
2.40BSep 2014EVNT vs FTLS
WisdomTree Inflation Plus FundLong-Short
44
9.21%
21.79MJun 2025EVNT vs WTIP
Militia Long/Short Equity ETFLong-Short
56
7.03%
138.61MJan 2025EVNT vs ORR
TradersAI Large Cap Equity & Cash ETFLong-Short
2
-8.37%
730.00KOct 2024EVNT vs HFSP
Efficient Market Portfolio Plus ETFLong-Short
62
13.39%
Dec 2024EVNT vs EMPB
ProShares Long Online/Short Stores ETFLong-Short
13
-9.21%
7.04MNov 2017EVNT vs CLIX
Franklin Liberty Systematic Style Premia ETFLong-Short
60
2.34%
930.68MDec 2019EVNT vs FLSP

Compare EVNT with Any Fund or Stock

Compare EVNT with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.


 

Diversifiers

Pair EVNT with funds that move differently

AltShares Event-Driven ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to EVNT.

Explore EVNT Diversifiers